Rebalancing and tax-loss ideas
Prices, our calls and fund holdings from SEC filings
Prices, our calls and fund holdings from SEC filings
This is an example portfolio at the Nov 12 close: the shares and buy days are made up, the prices and our calls are real.
Ideas worked out from the numbers, not advice and not tax advice. Nothing here buys or sells.
Trim this, add that
Nothing to sell for size.
This portfolio is concentrated, with Apple at 18%, above the 10% line, but our call is Buy more on AAPL and Keep on MSFT and NVDA and we would not sell them, so doing nothing is a fine answer.
Doing nothing costs no tax and no trading fees, and it is often the right call.
Above the line, but we would not sell
- AAPLAppleBuy more
AAPL is 18% of this portfolio. Adding more would make it bigger still.
Apple's sales grew 15% over the past year, and its report on Nov 2 beat profit forecasts by 3.5%. We'd stop buying if Apple's next report shows sales growth below 8% or misses profit forecasts.
- MSFTMicrosoftKeep
MSFT is 14% of this portfolio.
Microsoft's sales grew 18% over the past year, but the stock fell 6.2% over the past five trading days, more than other software stocks (down 2.9%). Microsoft's next report could raise the call if sales growth stays above 17%, and lower it if sales growth falls below 9%.
- NVDANVIDIAKeep
NVDA is 13% of this portfolio.
NVIDIA fell 13% over the past five trading days while other chip stocks rose 5.8%, even though its sales grew 83% over the past year. The Nov 17 report could raise the call if sales growth stays above 83%, and lower it if sales growth falls below 42%.
Losses you could sell for tax
No holding is at least 5% and $100 below what was paid, so there is no loss worth selling for tax today.
Tax rates we assume
Short-term gains are taxed like income, so pick your income bracket on the left. Long-term gains are taxed at 0%, 15% or 20% by income, and 15% is the usual one.
Before you act
- These are ideas worked out from the numbers, not advice, and not tax advice. We do not see your whole tax year.
- The look-alikes for a loss are similar by our data, not a recommendation. They will not move exactly the same way.
- Nothing here buys or sells. Any trade is yours to make at your broker.
- The tax is a rough estimate with US federal rules made simple: the two rates above, no state tax, and the oldest shares sold first.
- No trim idea sells a stock our call says to keep or buy more of, and we leave out any sale under $500 or under 2 points of the portfolio.
- The shares and buy days in the example are made up; each cost is the real close on its buy day.